Actually Pepsico bought Taco Bell, PH and KFC years ago... they wanted to split the restaurant stuff a little bit away from the Soda thing so they created Tricon which is actually still owned by Pepsi. Tricon used to be just the big three (PH, TB, KFC) but as of late they obtained Back Yard Burger, A&W, Long John Silvers, and a few other smaller chains that I can't think of right at this moment... It is no longer called Tricon but now is called YUM! Silly... There was a few years back much talk of putting all of the big three under one roof at one time. What a logistical nightmare for fast (semi fast) food...
I know this because I worked for a PH Franchisee for about ten years doing building design/construction/remodels etc. Actually I still work with them... As a subcontractor now.
Oh yeah Pepsi blows!